Banks fret about BoG manipulations

DR KOFI1The Managing Director of HFC Bank, Asare Akuffo, has asked the Bank of Ghana (BoG)- the banking sector regulator- to refrain from any attempt to engineer mergers and acquisitions of banks in the country.

“Leave the banking sector alone. It’s doing quiet well in a difficult environment,” Mr. Akuffo said.

He was speaking at the 2014 PwC’s Financial Services Executive Breakfast Meeting held on the theme: ” the future of banking in Ghana…what’s next?” To present the PWC’s 2014 Ghana Banking Survey report.

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